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2022
Exports $29.7MWorld Rnk 25 / 117
Flag Rnk 460 / 1212
2022
Destination $2.92M Denmark
2021 - 2022
FASTEST GROWING MARKET $2.92MBelgium
2022
PRODUCT COMPLEXITY IN Whey and other milk products0.4Rnk 408 / 1025
2022
Imports $47.8MWorld Rnk 28 / 198
Flag Rnk 475 / 1213
2022
Origin $3.78M Finland
2021 - 2022
FASTEST GROWING ORIGIN $3.78MGermany
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $29.7M in Whey and other milk products, making it the 25th largest exporter of Whey and other milk products in the world. At the same year, Whey and other milk products was the 460th most exported product in Sweden. The main destination of Whey and other milk products exports from Sweden are: Denmark ($13.4M), Belgium ($3.11M), Poland ($2.99M), France ($2.02M), and Ukraine ($1.79M).

The fastest growing export markets for Whey and other milk products of Sweden between 2021 and 2022 were Belgium ($2.92M), Poland ($2.59M), and Denmark ($2.11M).

Imports In 2022, Sweden imported $47.8M in Whey and other milk products, becoming the 28th largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 475th most imported product in Sweden. Sweden imports Whey and other milk products primarily from: Finland ($24.8M), Denmark ($4.88M), Germany ($4.66M), Netherlands ($4.5M), and Lithuania ($3.31M).

The fastest growing import markets in Whey and other milk products for Sweden between 2021 and 2022 were Germany ($3.78M), Finland ($1.84M), and Lithuania ($502k).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Whey and other milk products exports accounted up to SEK17.2M and imports accounted up to SEK42.8M, resulting in a negative trade balance of SEK25.6M. Between May 2023 and May 2024 the exports of Sweden's   Whey and other milk products have decreased by SEK-4.78M (-21.7%) from SEK22M to SEK17.2M, while imports decreased by SEK-13M (-23.3%) from SEK55.8M to SEK42.8M.

Destinations In May 2024, Whey and other milk products were exported mostly to Denmark (SEK8.07M), Netherlands (SEK3.63M), Poland (SEK2.26M), Ukraine (SEK1.57M), and Belgium (SEK519k), and were imported mostly from Finland (SEK18M), Germany (SEK8.75M), Netherlands (SEK5.59M), Denmark (SEK4.76M), and Estonia (SEK4.63M).

Growth In May 2024, the decrease in Whey and other milk products's year-by-year exports was explained primarily by a decrease in exports to Denmark (SEK-4.55M or -37.4%), Finland (SEK-929k or -99.1%), and Netherlands (SEK-536k or -15.5%). In May 2024, the decrease in Whey and other milk products's year-by-year imports was explained primarily by a decrease in imports from Denmark (SEK-1.87M or -60.4%), Poland (SEK-1.86M or -74.2%), and Hungary (SEK-447k or -96.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK-4.78M(-21.7%)
IMPORT GROWTH (May 2023 - May 2024)SEK-13M(-23.3%)
MAIN EXPORTER (May 2024)undefined24M
MAIN DESTINATION (May 2024)DenmarkSEK8.07M

This section shows Whey and other milk products's exports and imports data at subnational level for Sweden. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Whey and other milk products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$29.7M
IMPORTS (2022)$47.8M
NET TRADE (2022)-$18.1M

In 2022, Sweden exported $29.7M in Whey and other milk products. The main destinations of Sweden exports on Whey and other milk products were Denmark ($13.4M), Belgium ($3.11M), Poland ($2.99M), France ($2.02M), and Ukraine ($1.79M).

In 2022, Sweden imported $47.8M in Whey and other milk products, mainly from Finland ($24.8M), Denmark ($4.88M), Germany ($4.66M), Netherlands ($4.5M), and Lithuania ($3.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Whey and other milk products EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Belgium$2.92M (1.54k%)
Poland$2.59M (653%)
Denmark$2.11M (18.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Whey and other milk products BY Sweden WERE (2021 - 2022):
United Kingdom-$5.48M (-97.9%)
Italy-$1.73M (-60.3%)
Netherlands-$1.6M (-56.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Whey and other milk products were:
United States $1.06B
Germany $786M
Netherlands $654M
In 2022, Sweden's main importing competitors in Whey and other milk products were:
China $1.01B
Netherlands $656M
Germany $366M

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Trade Value of Whey and other milk products by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALGermany+ $2.03M

Whey and other milk products’s highest export potential is N/A. With an export gap of N/A.   Whey and other milk products’s highest import potential is Germany with an import gap of $2.03M.

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